Case study - Funeral Planning Services Ltd - Business Sale

Case study - Funeral Planning Services Ltd - Business Sale

Thursday, 30 March 2017

Assisting the Directors of Funeral Planning Services Limited in the sale of the business goodwill, trade and assets to Ecclesiastical Planning Services Limited

The Deal

Funeral Planning Services Limited sell pre-paid funeral plans to customers, giving them peace of mind that their funeral costs are covered and that their wishes are clearly understood and respected.

MHA Larking Gowen assisted the Directors in the sale of the goodwill, trade and assets to Ecclesiastical Planning Services Limited.

Key Highlight

Efficient tax planning and input into the legal agreements ensured that the deal was structured to minimise tax and maximise value for our client.

Comments

Graham Williams, Director and shareholder of Funeral Planning Services Limited, said “MHA Larking Gowen had a thorough understanding of our business and that enabled them to provide us with valuable support throughout the process.”

Jack Minns, MHA Larking Gowen Manager, said

“Funeral Planning Services have been a long standing and valued client of MHA Larking Gowen for a number of years and we are delighted to assist them with the sale of the business to Ecclesiastical. The Directors deserve enormous credit for building such a successful business which is clearly very well respected within their industry and we were pleased to assist them with their succession plans. Ecclesiastical are a great fit for the business and we wish them every success for the future.”

Our Role

MHA Larking Gowen Corporate Finance was asked to undertake the following work:

  • Review and input to Heads of Terms;
  • Handling financial due diligence enquiries;
  • Tax advice effecting the transaction; and
  • Assisting solicitors to draft the legal paperwork.

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